Fund Aims
To seek an above-benchmark (MSCI All Countries Asia Pacific Ex Japan Index) dividend yield from a portfolio of Asian stocks with a focus on value and long-term capital appreciation.
Fund Manager
Sat Durha manager for:
11 years 6 months
Sat joined Henderson Global investors in 2011 as an analyst to the Pan-Asia Equity team. Sat has 8 years industry experience. Prior to joining Henderson, Sat previously held analyst positions at GE Capital, Nomura and Credit Suisse.
Sat has a BSc in Economics from University College, London.
Fund Overview
Price
Bid
75.19p
Offer
75.19p
(22/05/2025)
Annual Management Charge
1.25%
Top 10 Holdings
|
| Stock Name |
% Weight |
| CAPITAL CASH-GBP-BNP PARIBAS SECURITIES SERVICES SCA/LONDON |
4.4%
|
| UNITED OVERSEAS BANK LIMITED |
3.6%
|
| OVERSEA-CHINESE BANKING CORPORATION LIMITED |
3.4%
|
| HDFC BANK LIMITED |
3.3%
|
| MACQUARIE KOREA INFRASTRUCTURE FUND |
3.2%
|
| CHINA CONSTRUCTION BANK CORPORATION |
3.2%
|
| CHINA CITIC BANK CORPORATION LIMITED |
2.7%
|
| BRILLIANCE CHINA AUTOMOTIVE HOLDINGS LIMITED |
2.7%
|
| FIRST PACIFIC COMPANY LIMITED |
2.7%
|
| TENCENT HOLDINGS LIMITED |
2.6%
|
|
Total
|
31.7%
|
Equity Sector Allocation
| Banks |
27.8%
|
| Technology |
16.8%
|
| Financial Services |
6.6%
|
| Real Estate |
6.4%
|
| Insurance |
5.6%
|
| Automobiles & Parts |
5.4%
|
| Non-Classified |
4.6%
|
| Retail |
4.3%
|
| Utilities |
4.2%
|
| Telecommunications |
4.1%
|
| Other |
10.8%
|
| Cash and Equivalents |
0.1%
|
Data accurate at: 30/04/2025
Performance figures show total return with no initial charge and net income reinvested, except for Offshore funds which show gross income reinvested.
Cumulative performance figures are calculated from the previous working day.
Discrete performance figures are calculated from the previous month end.
Data accurate at: 30/04/2025
Asset Allocation
|
|
International Equities
|
92.1%
|
|
|
Other
|
4.6%
|
|
|
UK Equities
|
1.6%
|
|
|
Property
|
1.5%
|
|
|
Cash & Equivalents
|
0.1%
|
|
|
Hedge Funds
|
< 0.1%
|
Equity Sector Allocation
ICB Industries
ICB Supersectors
ICB Sectors
ICB Subsectors
ICB Industries
| Financials |
|
40.0% |
| Technology |
|
16.8% |
| Consumer Discretionary |
|
13.8% |
| Real Estate |
|
6.4% |
| Non-Classified |
|
4.6% |
| Utilities |
|
4.2% |
| Telecommunications |
|
4.1% |
| Basic Materials |
|
3.5% |
| Consumer Staples |
|
2.7% |
| Energy |
|
2.2% |
| Industrials |
|
1.7% |
| Cash and Equivalents |
|
0.1% |
| Alternative Trading Strategies |
|
<0.1% |
ICB Supersectors
| Banks |
|
27.8% |
| Technology |
|
16.8% |
| Financial Services |
|
6.6% |
| Real Estate |
|
6.4% |
| Insurance |
|
5.6% |
| Automobiles & Parts |
|
5.4% |
| Non-Classified |
|
4.6% |
| Retail |
|
4.3% |
| Utilities |
|
4.2% |
| Telecommunications |
|
4.1% |
| Basic Resources |
|
3.5% |
| Food, Beverage & Tobacco |
|
2.7% |
| Consumer Products & Services |
|
2.6% |
| Energy |
|
2.2% |
| Industrial Goods & Services |
|
1.7% |
| Travel & Leisure |
|
1.6% |
| Cash and Equivalents |
|
0.1% |
| Alternative Trading Strategies |
|
<0.1% |
ICB Sectors
| Banks |
|
27.8% |
| Technology Hardware & Equipment |
|
12.6% |
| Non-life Insurance |
|
5.6% |
| Automobiles & Parts |
|
5.4% |
| Non-Classified |
|
4.6% |
| Retailers |
|
4.3% |
| Software & Computer Services |
|
4.2% |
| Telecommunications Service Providers |
|
4.1% |
| Industrial Metals & Mining |
|
3.5% |
| Real Estate Investment & Services |
|
3.4% |
| Nonequity Investment Instruments |
|
3.2% |
| Real Estate Investment Trusts |
|
3.0% |
| Food Producers |
|
2.7% |
| Gas, Water & Multi-utilities |
|
2.6% |
| Investment Banking & Brokerage Services |
|
2.4% |
| Non-Renewable Energy |
|
2.2% |
| Electronic & Electrical Equipment |
|
1.7% |
| Electricity |
|
1.6% |
| Household Goods & Home Construction |
|
1.6% |
| Travel & Leisure |
|
1.6% |
| Personal Goods |
|
1.0% |
| Finance & Credit Services |
|
0.9% |
| Cash and Equivalents |
|
0.1% |
| Alternative Trading Strategies |
|
<0.1% |
ICB Subsectors
| Banks |
|
27.8% |
| Semiconductors |
|
5.6% |
| Automobiles |
|
5.4% |
| Non-Classified |
|
4.6% |
| Diversified Retailers |
|
4.3% |
| Telecommunications Services |
|
4.1% |
| Property & Casualty Insurance |
|
3.7% |
| Real Estate Holding and Development |
|
3.4% |
| Computer Hardware |
|
3.2% |
| Nonequity Investment Instruments |
|
3.2% |
| Food Products |
|
2.7% |
| Consumer Digital Services |
|
2.6% |
| Multi-Utilities |
|
2.6% |
| Electronic Components |
|
2.3% |
| Aluminum |
|
2.3% |
| Oil Refining and Marketing |
|
2.2% |
| Full Line Insurance |
|
2.0% |
| Electronic Equipment: Gauges & Meters |
|
1.7% |
| Computer Services |
|
1.7% |
| Conventional Electricity |
|
1.6% |
| Household Appliance |
|
1.6% |
| Travel & Tourism |
|
1.6% |
| Industrial REITs |
|
1.5% |
| Office REITs |
|
1.5% |
| Production Technology Equipment |
|
1.4% |
| Investment Services |
|
1.4% |
| General Mining |
|
1.2% |
| Asset Managers & Custodians |
|
1.1% |
| Clothing & Accessories |
|
1.0% |
| Consumer Lending |
|
0.9% |
| Cash and Equivalents |
|
0.1% |
| Alternative Trading Strategies |
|
<0.1% |
Interactive Sector Breakdown
Drill down to specific information by clicking the folders.
Breakdown By Market Cap (%)
Top 10 Holdings
|
|---|
| Stock name | % Weight | Country | Sector |
| 1 | CAPITAL CASH-GBP-BNP PARIBAS SECURITIES SERVICES SCA/LONDON | 4.4 %
| Non-Classified | Non-Classified |
| 2 | UNITED OVERSEAS BANK LIMITED | 3.6 %
| Singapore | Financials |
| 3 | OVERSEA-CHINESE BANKING CORPORATION LIMITED | 3.4 %
| Singapore | Financials |
| 4 | HDFC BANK LIMITED | 3.3 %
| India | Financials |
| 5 | MACQUARIE KOREA INFRASTRUCTURE FUND | 3.2 %
| South Korea | Financials |
| 6 | CHINA CONSTRUCTION BANK CORPORATION | 3.2 %
| China | Financials |
| 7 | CHINA CITIC BANK CORPORATION LIMITED | 2.7 %
| Non-Classified | Financials |
| 8 | BRILLIANCE CHINA AUTOMOTIVE HOLDINGS LIMITED | 2.7 %
| China | Consumer Discretionary |
| 9 | FIRST PACIFIC COMPANY LIMITED | 2.7 %
| Hong Kong | Consumer Staples |
| 10 | TENCENT HOLDINGS LIMITED | 2.6 %
| Hong Kong | Technology |
|
FL Dual Aspect Analysis
|
|---|
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Managed Funds | Property | Other | Cash & Equiv | Total |
| Technology | | 16.8%
| | | | | | | | 16.8%
|
| Telecommunications | | 4.1%
| | | | | | | | 4.1%
|
| Financials | 1.6%
| 38.5%
| | | | | | | | 40.0%
|
| Real Estate | | 4.8%
| | | | | 1.5%
| | | 6.4%
|
| Consumer Discretionary | | 13.8%
| | | | | | | | 13.8%
|
| Consumer Staples | | 2.7%
| | | | | | | | 2.7%
|
| Energy | | 2.2%
| | | | | | | | 2.2%
|
| Utilities | | 4.2%
| | | | | | | | 4.2%
|
| Industrials | | 1.7%
| | | | | | | | 1.7%
|
| Basic Materials | | 3.5%
| | | | | | | | 3.5%
|
| Cash and Equivalents | | | | | | | | | 0.1%
| 0.1%
|
| Non-Classified | | | | | | | | 4.6%
| | 4.6%
|
| Total | 1.6%
| 92.1%
| | | | | 1.5%
| 4.6%
| 0.1%
| 100.0%
|
Distribution Details
Income Frequency
Quarterly
Distribution Type
Dividend
Distribution Payment Basis
Net
Charges
Discounted initial charge
0.000%
Net discounted AMC
0.625%
Annual Management Charge
1.25%
Distribution Dates
| Ex dividend date(s) |
Income payment date(s) |
| 01st November |
31st December |
| 01st August |
30th September |
| 01st May |
30th June |
| 01st February |
31st March |
Ratings
Aims & Benchmark
Benchmark
MSCI All Countries Asia Pacific (ex Japan) Index
IA sector
Asia Pacific Excluding Japan
Aims
To seek an above-benchmark (MSCI All Countries Asia Pacific Ex Japan Index) dividend yield from a portfolio of Asian stocks with a focus on value and long-term capital appreciation.
Fund Administration
Fund Trustee/Depository
The National Westminster Bank plc
Fund Custodian
BNP Paribas
Fund Background
Valuation point
Daily 12:00
Fund currency
Pound Sterling
Fund domicile
United Kingdom
Group Details
Group name
Janus Henderson Investors
Group address
PO Box 9023
Chelmsford
CM99 2WB
Group telephone
0800 832 832
Dealing telephone
0845 608 8703
Dealing
Settlement period: buy
4 days
Settlement period: sell
4 days
Data accurate at: 30/04/2025
Concentration Coefficient*
44
*A measure of portfolio concentration, e.g. where the fund coefficient is 25, this means the portfolio concentration is equivalent to holding 25 equally weighted stocks.
Risk Factors
Concentrated Portfolio
Yes
Investments Long Term
Yes
| Fund Specific Risks |
-
Charges to Capital - Part, or all of the periodic annual management fee(s) and expenses may be charged to
capital which could increase the potential for the capital value of your investment to be eroded. Your capital could
also decrease if income withdrawals exceed the growth rate of the fund(s).
-
Emerging Markets - The fund invests in emerging markets. Generally less well regulated than the UK. There
is an increased chance of political and economic instability with less reliable custody, dealing and settlement
arrangements. The market(s) can be less liquid. If a fund investing in markets is affected by currency exchange rates,
the investment could either increase or decrease. These investments therefore carry more risk.
-
Concentrated Portfolio - The fund may invest in a relatively smaller number of stocks. This stock
concentration may carry more risk than funds spread across a larger number of companies.
-
Value Of Investments - The value of investments, and any income can fall, as well as rise, so you could get
back less than you invested. Neither capital nor income is guaranteed.
-
Investments Long Term - Investments should be regarded as long term and are not suitable for money which may
be needed in the short term, you should always have a sufficient cash reserve.
-
Exchange Rate - This fund invests in securities outside the UK. The value of investments and any income from
them may therefore decrease or increase as a result of changes in exchange rates between currencies.
-
Derivative Exposure - The fund invests in derivatives as part of its investment strategy, over and above their
use for Efficient Portfolio Management (EPM). Investors should be aware that the use of these instruments can, under
certain circumstances, increase the volatility and risk profile of the Fund beyond that expected of a fund that only
invests in equities. The fund may also be exposed to the risk that the company issuing the derivative may not honour their
obligations which in turn could lead to losses arising.
|
Banks
China
Hong Kong
South Korea
Taiwan
Australia
India
Non-Classified
Singapore
Indonesia
United Kingdom
Direct Property and REITs
Thailand
Japan
United States
Cash and Equivalents